Housing Market Report for Mesa, AZ

This housing market report uses absorption rates to track supply and demand for Mesa, AZ. With 3.8 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 26, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$200k – $225k

Absorption rate of 1, with 1 months of inventory.

Coolest Segment ❄️
$1.4m – $1.5m

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

138 active listings with 254 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
25k-50k 2 1 0.1 12 Buyer's
50k-75k 1 0
75k-100k 1 0
125k-150k 1 0
150k-175k 2 0.3 0 Seller's
175k-200k 2 1 0.1 12 Buyer's
200k-225k 1 6 1 1 Seller's
225k-250k 3 11 1 0.6 1.6 Seller's
250k-275k 9 24 1 0.4 2.3 Seller's
275k-300k 18 42 7 0.4 2.6 Seller's
300k-325k 18 62 4 0.6 1.7 Seller's
325k-350k 65 101 13 0.3 3.9 Balanced
350k-375k 56 110 22 0.3 3.1 Balanced
375k-400k 95 186 37 0.3 3.1 Balanced
400k-425k 86 185 28 0.4 2.8 Seller's
425k-450k 93 206 20 0.4 2.7 Seller's
450k-475k 90 140 12 0.3 3.9 Balanced
475k-500k 110 143 26 0.2 4.6 Balanced
500k-550k 138 254 27 0.3 3.3 Balanced
550k-600k 124 192 21 0.3 3.9 Balanced
600k-650k 64 139 20 0.4 2.8 Seller's
650k-700k 62 101 12 0.3 3.7 Balanced
700k-750k 46 67 14 0.2 4.1 Balanced
750k-800k 30 52 9 0.3 3.5 Balanced
800k-850k 34 47 8 0.2 4.3 Balanced
850k-900k 27 40 4 0.2 4.1 Balanced
900k-950k 16 30 6 0.3 3.2 Balanced
950k-1m 15 32 3 0.4 2.8 Seller's
1m-1.1m 15 19 3 0.2 4.7 Balanced
1.1m-1.2m 11 17 4 0.3 3.9 Balanced
1.2m-1.3m 4 15 1 0.6 1.6 Seller's
1.3m-1.4m 5 8 2 0.3 3.8 Balanced
1.4m-1.5m 12 3 1 0 24
1.5m-1.6m 4 4 1 0.2 6 Balanced
1.6m-1.7m 5 9 1 0.3 3.3 Balanced
1.7m-1.8m 2 2 0.2 6 Balanced
1.8m-1.9m 2 5 0.4 2.4 Seller's
1.9m-2m 4 2 0.1 12 Buyer's
2m-2.25m 5 7 2 0.2 4.3 Balanced
2.25m-2.5m 8 2 0 24
2.5m-2.75m 2 0
2.75m-3m 3 2 1 0.1 9 Buyer's
3m-3.5m 1 2 1 0.3 3 Balanced
3.5m-4m 4 2 0.1 12 Buyer's
4m-4.5m 1 0
6m-7m 1 0

Townhouses

Hottest Segment 🔥
$175k – $200k

Absorption rate of 0.7, with 1.4 months of inventory.

Coolest Segment ❄️
$425k – $450k

With 22 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

60 active listings with 66 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 4.5 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
125k-150k 2 0.3 0 Seller's
150k-175k 3 9 1 0.5 2 Seller's
175k-200k 6 26 5 0.7 1.4 Seller's
200k-225k 24 28 6 0.2 5.1 Balanced
225k-250k 33 38 5 0.2 5.2 Balanced
250k-275k 28 63 6 0.4 2.7 Seller's
275k-300k 60 66 6 0.2 5.5 Balanced
300k-325k 37 47 7 0.2 4.7 Balanced
325k-350k 32 40 4 0.2 4.8 Balanced
350k-375k 24 39 3 0.3 3.7 Balanced
375k-400k 21 20 1 0.2 6.3 Buyer's
400k-425k 14 15 5 0.2 5.6 Balanced
425k-450k 11 3 0 22
450k-475k 5 4 1 0.1 7.5 Buyer's
475k-500k 6 0
500k-550k 3 6 1 0.3 3 Balanced
550k-600k 2 3 1 0.3 4 Balanced
650k-700k 1 1 0.2 6 Balanced

Condos

Hottest Segment 🔥
$125k – $150k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$200k – $225k

17 active listings with 20 sold in the last 6 months.

Market Overview
All Segments

With 6.8 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
100k-125k 1 0
125k-150k 1 2 0.3 3 Balanced
150k-175k 11 9 2 0.1 7.3 Buyer's
175k-200k 16 20 0.2 4.8 Balanced
200k-225k 17 20 0.2 5.1 Balanced
225k-250k 21 18 1 0.1 7 Buyer's
250k-275k 18 10 1 0.1 10.8 Buyer's
275k-300k 10 5 1 0.1 12 Buyer's
300k-325k 3 2 0.1 9 Buyer's
350k-375k 1 0
375k-400k 1 1 0.2 0 Seller's
425k-450k 1 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.4, with 2.4 months of inventory.

Coolest Segment ❄️
$300k – $325k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$350k – $375k

2 active listings with 5 sold in the last 6 months.

Market Overview
All Segments

With 12.3 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 2 0
25k-50k 2 0
50k-75k 3 0
75k-100k 2 1 0.1 12 Buyer's
100k-125k 3 2 0.1 9 Buyer's
125k-150k 2 3 0.3 4 Balanced
150k-175k 2 1 0.1 12 Buyer's
175k-200k 3 0.5 0 Seller's
250k-275k 1 0
275k-300k 1 0
300k-325k 3 1 0.1 18 Buyer's
325k-350k 2 2 0.2 6 Balanced
350k-375k 2 5 0.4 2.4 Seller's
375k-400k 1 0.2 0 Seller's
400k-425k 1 1 0.2 6 Balanced
450k-475k 1 0
550k-600k 3 0
600k-650k 1 0.2 0 Seller's
650k-700k 1 0
750k-800k 2 1 1 0.1 12 Buyer's
800k-850k 1 1 0.2 6 Balanced
850k-900k 2 0
950k-1m 1 0
1.1m-1.2m 2 0
1.2m-1.3m 1 0
1.4m-1.5m 1 0
2m-2.25m 2 0
2.25m-2.5m 1 0
2.75m-3m 2 0
3m-3.5m 1 0

Neighboring Cities

View cities near Mesa